Location
The valuation of an operational quarry in Yorkshire for loan security purposesProject summary
- Complex situation involving analysing a long planning history, geological reports and a variety of freehold titles and option agreements
- This included initially identifying a number of limiting factors for the value and development of the quarry, which the operator has subsequently resolved
Solution
- Through our research we have been able to summarise the accurate position at the quarry and its licence to operate
- We have then reported this to the client in simple terms, which has enabled them to resolve these issues and maximise value
- Our market knowledge then allows us to provide an accurate valuation, upon which funders have confidence to loan for the business to progress
Benefits
- The clear identification of issues at the site allowed them to be swiftly resolved and operations to continue without hindrance
- This enabled an increased value to be reported for the site, increasing the LTV and thus reducing the cost of finance for the client
